Europe & Central Asia (IDA & IBRD countries) vs Norway: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Europe & Central Asia (IDA & IBRD countries)
- Norway
How they compare
Norway currently reports 105.9% against 48.5% in Europe & Central Asia (IDA & IBRD countries), a difference of 57.4%.
That makes Norway's figure about 2.2 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 50 years both countries report, Norway has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 22nd and Norway ranks 19th of 47 groups.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.3% | 32.1% | 15.8% | Norway |
| 1970s | 19.8% | 32.4% | 12.6% | Norway |
| 1980s | 17.8% | 36.9% | 19.1% | Norway |
| 1990s | 17.3% | 68.5% | 51.2% | Norway |
| 2000s | 27.5% | 96.8% | 69.4% | Norway |
| 2010s | 48.1% | 111.6% | 63.5% | Norway |
| 2020s | 50.4% | 122.6% | 72.2% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Europe & Central Asia (IDA & IBRD countries) or Norway?
- Norway, at 105.9% against 48.5% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in domestic credit to private sector by banks between Europe & Central Asia (IDA & IBRD countries) and Norway?
- 57.4%, with Norway ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Norway?
- 50 years are reported by both, from 1960 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Norway rank globally for domestic credit to private sector by banks?
- Europe & Central Asia (IDA & IBRD countries) ranks 22nd and Norway ranks 19th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.